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The Nikkei Asian Review compiles articles about politics, economics, business, and global issues. It features insights from prominent thinkers worldwide on Asia. Additionally, our Asia300 section offers detailed information on the 300 most powerful companies in the region.

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Pakistan unveils crypto reserve plan seen as ploy to woo Trump

1 day ago | asia.nikkei.com | Adnan Aamir

ISLAMABAD -- Pakistan has unveiled a plan to establish a national crypto reserve, making the country an early adopter of digital currencies as a national asset. However, the move faces a mounting backlash, with critics expressing concerns about a possible erosion of national wealth. The quickly taken decision is also seen as way to garner the favor of U.S. President Donald Trump.
South Korea's Lee Jae-myung faces urgent task of engaging Trump

2 days ago | asia.nikkei.com | Steven Borowiec

SEOUL -- Following Lee Jae-myung's victory in South Korea's presidential election, the U.S. State Department issued a statement filled with standard phrases touting the "ironclad commitment" to the two countries' alliance and pledges to deepen three-way cooperation with Japan. In his inauguration speech on Wednesday morning, Lee also highlighted the importance of the U.S. alliance.
Chinese electric truck maker Windrose rolls into US through Trump fog

2 days ago | asia.nikkei.com | Pak Yiu

NEW YORK -- With U.S. President Donald Trump saying his tariffs on China and other countries will help rebuild manufacturing in America, an electric vehicle startup with roots in China is ready to join the effort. Windrose Technology is currently refurbishing an old assembly plant for long-haul trucks in California, scheduled for completion by July. It aims to select a second, larger manufacturing site to serve U.S. customers by the end of this year and open it in early 2026.
Pakistan upgrades diplomatic ties to Afghanistan with China's push

3 days ago | asia.nikkei.com | Adnan Aamir

ISLAMABAD -- Pakistan has decided to upgrade its diplomatic relationship with Taliban-ruled Afghanistan and to send an ambassador to Kabul, highlighting Islamabad's drastic change in its neighborhood policy in the aftermath of its recent warlike conflict with India. "I am pleased to announce the decision of the Government of Pakistan to upgrade the level of its Charge d'Affaires in Kabul to the level of Ambassador," Ishaq Dar, Pakistan's foreign minister, posted on X on Friday.
Nintendo plays it safe with Switch 2 in bid to break its post-hit jinx

3 days ago | asia.nikkei.com | Ryohtaroh Satoh |Tamayo Muto

TOKYO -- The Bic Camera electronics store in the Ikebukuro district of Tokyo was bustling with activity in late May. The launch of the Nintendo Switch 2 was drawing near, and staff were busy preparing for the influx of fans expected to flood the store on release day. Due to constraints on the console's production, both Nintendo and retailers have implemented strict sales limits.
Marubeni signs 'green ammonia' deal with China's Envision Energy

3 days ago | asia.nikkei.com | Shotaro Tani

TOKYO -- Japanese trading house Marubeni has signed its first-ever deal to buy "green ammonia" on a long-term basis, as the Warren Buffett-backed company doubles down on the gas that it deems critical to decarbonization. Marubeni announced Tuesday that it has signed the offtake deal with Shanghai-based Envision Energy, the world's second-largest wind turbine manufacturer, from its plant in Inner Mongolia.
US pushes Asian allies, China defense chief absent: 5 Shangri-La takeaways

5 days ago | asia.nikkei.com | Tsubasa Suruga

SINGAPORE -- The Shangri-La Dialogue, Asia's biggest defense conference, concluded on Sunday against the backdrop of a deepening U.S.-China rivalry with Washington doubling down on security commitments in the Indo-Pacific. Making his debut at the forum, U.S. Defense Secretary Pete Hegseth delivered a combative address casting Beijing as the region's largest threat. China's defense chief was absent from the annual summit for the first time since 2019, leaving no senior figure to respond directly.
From tires to furniture, Thai central bank says tariffs throw economy off balance

5 days ago | asia.nikkei.com | Apornrath Phoonphongphiphat

BANGKOK -- U.S. tariffs and the subsequent flood of diverted products into Thailand are likely to damage different industries in Southeast Asia's second largest economy, possibly leaving deep scars, warned Bank of Thailand Gov. Sethaput Suthiwartnarueput in an exclusive interview. His cautionary words resonate across Asia, as the tariffs implemented by U.S. President Donald Trump begin to affect the real economy after wreaking havoc on financial markets over the past couple of months.
US small business owners struggle to diversify from China manufacturing

5 days ago | asia.nikkei.com | Pak Yiu

NEW YORK -- Small and midsize U.S. businesses are finding it increasingly difficult to relocate production away from China, despite the heavy tariffs imposed on imported Chinese goods by Washington with the intent of shifting manufacturing back to domestic soil. Companies say China not only offers low-cost labor, but crucial raw materials, locally produced machinery and general expertise.
US urges Asian allies to boost defense spending to deter China 'aggression'

6 days ago | asia.nikkei.com | Dylan Loh

SINGAPORE -- U.S. Defense Secretary Pete Hegseth on Saturday pushed Asian allies to raise their defense spending even as he pledged America's continued engagement in the Indo-Pacific in the face of "imminent" threats posed by China. Assuring that the U.S. will play an active role in the region, Hegseth called allies and partners in Asia to look to the example of Europe, where countries are pledging to spend 5% of their gross domestic product on defense.